Azar, Samih Antoine; Chopurian, Nazo Assadour - In: Arab Economic and Business Journal 13 (2018) 2, pp. 134-142
. The purpose of this study is to delineate empirically the nexus between GCC stock markets and commodity indexes. The … results show that commodity indexes are in effect strong diversifiers and safe havens for GCC stock markets. One can improve … the performance of a stock portfolio in GCC markets by including commodity indexes or, by extension, their derivatives. In …